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HomeMy WebLinkAboutItem #23 - First Reading Ordinance0 J-86-5 12/23/8s ORDINANCE NO. AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE N0. 9743, ADOPTED NOVEMBER 16, 1983, WHICH ESTABLISHED A SPECIAL REVENUE FUND ENTITLED "PARK DEVELOPMENT FUND", BY ESTABLISHING RESOURCES AND APPROPRIATIONS FOR SAID FUND IN THE AMOUNT OF $5,000 AS THE RESULT OF PRIVATE DONATION BY FABULOUS DIAMONDS PARTNERSHIP FOR THE PURPOSE OF DEFRAYING THE COST OF PARK DEVELOPMENT PROJECTS OR PROVIDING LOCAL MATCH REQUIREMENTS FOR FEDERAL AND STATE GRANTS; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the Miami City Commission on November 16, 1983, established a special revenue Fund"; and fund entitled "Park Development WHEREAS, said fund provided a perpetual revenue fund account into which private donations are tq"be deposited and from which appropriations will be made,, on an ongoing basis for Park Development or Redevelopment Projects: and WHEREAS, the City of Miami has received a private donation in the amount of $5,000 froi�Fabulous Diamonds Partnership; and WHEREAS, said donati" will be used to defray the cost of Park Development Projects or provide local match requirements for federal and state gr"nts; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, JLORIpA: Sectiom 1. �....jSeotion 1 of Ordinance No. 9743, adopted k i November 10, 98�,, which established a Special Revenue Fund entitled Park D�velo ment Fund", is hereby I � p y following particulars1: "Section 1. The following Special Re hereby established as described herein: Fund Title: Park Development Fund W Resources: Private Donations Appropriations: Park Develop 1 Figures stricken through shall be, and/or figures shall be added. CITY COMMISSION MEETING OF JAN 9 ORDINANCE NO.... FADING ... 2nd READING.....j,,O .. Q ��... r I